YTB International (YTBLA) Approved for Trading on OTCBB
YTB International (YTBLA) Approved for Trading on OTCBB
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Source: http://www.ytbi.com/investor/p...
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YTB International (YTBLA) Approved for Trading on OTCBB
WOOD RIVER, Ill., April 17 /PRNewswire-FirstCall/ -- YTB International, Inc. (OTC Bulletin Board: YTBLA) ('YTB' or the 'Company'), a provider of Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, Bermuda, the Bahamas, and Canada, today announced that its Class A Common Stock has been approved for quotation on the Over-the-Counter Bulletin Board (the 'OTCBB'). All existing market makers will move to the OTCBB within the next 30 days. The Company's Class A Common Stock will continue to be quoted under the ticker symbol 'YTBLA.'
YTB is a leader in the travel services business and has operated in the travel services industry for 25 years. The Company recently reported its third consecutive quarter of profitability, with total revenue for the year ended December 31, 2007 increasing by 177% to $141.3 million, compared to $50.9 million for the previous year.
The OTCBB provides access to more than 3,300 securities, includes more than 230 participating market makers, and electronically transmits real-time quote, price, and volume information in domestic securities, foreign securities and ADRs.
'We are excited that the Bulletin Board has agreed to quote our Class A Common Stock, as it confirms that YTB International meets the strict filing and disclosure regulations of the Securities and Exchange Commission,' stated Scott Tomer, Chief Executive Officer of YTB. 'Quoting our stock on the Bulletin Board dramatically increases the number of investors that can freely trade our stock. We believe that this will help to increase the liquidity and visibility of our stock in the financial markets.'
Channel: Travel & Events Uploaded: November 30, 1999 at 12:00 am Author: BillHoffmannYTB
